SHANGHAI (Reuters) - Chinese President Xi Jinping appeared to warn some Asian nations on Wednesday about strengthening military alliances to counter China, saying this would not benefit regional security. But he also pledged to peacefully resolve China's disputes over territory, which have intensified in recent years, especially in the South and East China Seas. "To beef up military alliances targeted at a third party is not conducive to maintaining common...

Dec 7 (Reuters) - Canadian Industry Minister Christian Paradis said on Friday China's CNOOC Ltd made commitments to Ottawa in its bid to buy Nexen Inc and Malaysia's Petronas did the same in its bid for Progress Energy Resources Corp. In announcing approval of the takeovers, his characterization of what he called "significant commitments" used the same language for both foreign buyers: - on governance, including commitments on transparency and disclosure; ...

BEIJING/HANOI (Reuters) - China accused Vietnam on Thursday of intentionally colliding with its ships in the South China Sea, but called for talks to end a bitter row sparked by Beijing's parking of a giant oil rig in contested waters. A senior foreign ministry official in Beijing demanded that Vietnam withdraw its ships after its southern neighbor asserted that Chinese vessels used water cannon and rammed eight of its vessels at the weekend near the rig. Hanoi said two...

WASHINGTON, Sept 5 (Reuters) - China's state-owned oil company CNOOC has formally asked the U.S. government to review its $15.1 billion takeover bid for Canada's Nexen for potential national security concerns, a CNOOC spokesman said on Wednesday. CNOOC has asked the Committee on Foreign Investment in the United States to examine its proposed acquisition of Nexen. About 10 percent of the Canadian oil producer's assets are in the United States. A CNOOC...

NEW YORK (Reuters) - Two Hong Kong asset management firms have agreed to pay $10.9 million to settle charges by the U.S. Securities and Exchange Commission of insider trading ahead of a bid by China's CNOOC for Canadian oil company Nexen Inc. The proposed accord, disclosed in a court filing Monday, would add to the more than $18 million the U.S. securities regulator had previously secured in settlements as part of an investigation into suspicious...

SHANGHAI (Reuters) - State-run CNOOC , China's top offshore oil producer, has issued a tender to invite foreign firms to bid for oil and gas blocks in the East and South China Sea, according to a statement on the company website. CNOOC said it would offer 25 offshore blocks for foreign participation this year, including 17 in the South China Sea and three in the East China Sea. (Reporting by Fayen Wong and Beijing newsroom; Editing by Alan Raybould)

BEIJING, April 27 (Reuters) - U.S. oil firm ConocoPhillips and its partner CNOOC have agreed to pay 1.683 billion yuan ($266.89 million) in compensation for a series of oil spills off the coast of northern China last year, China's State Oceanic Administration said in a statement on Friday. Leaks at the Penglai 19-3 oilfield in China's Bohai Bay beginning last June polluted 6,200 square km of water before they were finally sealed in late October. ...

WASHINGTON (Reuters) - Chinese companies faced the most scrutiny over their U.S. acquisitions last year, eclipsing British firms for the first time, according to a report issued on Thursday. Chinese corporations filed 23 notices with U.S. regulators in 2012, up from 10 in 2011 and nearly quadruple the number in 2010, according to the Committee on Foreign Investment in the United States, or CFIUS. This compared with 17 notices from companies from the United...

SHANGHAI (Reuters) - State-run CNOOC , China's top offshore oil producer, has issued a tender to invite foreign firms to bid for oil and gas blocks in the East and South China Sea, according to a statement on the company website. CNOOC said it would offer 25 offshore blocks for foreign participation this year, including 17 in the South China Sea and three in the East China Sea. (Reporting by Fayen Wong and Beijing newsroom; Editing by Alan Raybould)

SINGAPORE, Sept 25 (Reuters) - China National Offshore Oil Corp (CNOOC) expects to add five liquefied natural gas (LNG) receiving terminals by 2015, doubling its total capacity to 35-40 million tonnes per year (tpy), a senior company official said on Wednesday. The expansion from four terminals currently, with a receiving capacity of 18.7 million tpy, will enable China's top offshore oil explorer to import more LNG to meet strong demand growth in the...

(Reuters) - Washington may still be digesting news of China Inc's latest bold move into America with the nearly $5 billion takeover of Smithfield Foods Inc , but early indications are the deal will not inflame enough nationalistic opposition to kill it, and success could pave the way for more Chinese purchases. Shuanghui International Holdings' agreement to buy Smithfield would be the largest ever acquisition of a U.S. company by a Chinese one. The bid - an effort to...